The 80/20 Principle: The Secret to Achieving More with Less

The book was in first class condition. Packaging was done with care.

It gives complete applicative analysis about 80/20 principle in business and personal life. The Pareto principle from the mid 20th century applied mainly in business hence it is not new in business but this book tells us how to think and act 80/20 in every aspect of life. The vital few i.e 20% of aspects gives 80% of results. Identify those 20% in business or personal life and increase your allocation of time and effort on those vital few by eliminating less important things. It took me lot of effort to read and understand part one that is entirely of business applications of Pareto law in sales,inventory ,negotiation, focussing on few and right customers. What I like the most about Richard Koch and this book is after every chapter he tells about upcoming chapter and to skip the chapter based on purpose of your reading. If you are a business person or going to start one then you should read everything but if you doesn't belong, then you should definitely skip part one entirely to save some time and have peace of mind. Although it has it's drawback Not all things or actions or products which are not importantor doesn't add any value can be avoided or eliminated

Must buy

Good

Its give an important knowledge. Its is a very good books, I suggest you to buy this book

The book is overpriced but its good for business purpose, its not as useful for general purpose because everything in it is about business, not even an example is outside business.

Book Summary in 🤚 points. Book #16: The 80/20 Principle by Richard Koch 1. 80/20? The minority, 20% of causes, inputs, or effort usually leads to a majority, 80% of the results. 2. 20% of choices. The ones that have a massive impact. Eg. You probably can recall a few critical turning points in your life that brought you to your current self. 3. 20% of efforts. Find the critical efforts that lead to the majority of results. Eg. Many ventures often times rely on a few key missions to succeed. 4. Conduct an 80/20 analysis. Find out what you can optimise. To maximise your effectiveness, focus only on what matters most. 5. So, what you can do about it? “Eliminate or reduce the 80% of efforts that produce poor results, there are many ways to waste your time and resources.” Bonus point- 20% of People cause 80% of problems in our lives. And, 20% of people are the reason for 80% of our happiness.

It didn't read it completely because after reading few chapters i understand what writer want to say to us but you must apply this 80/20 principles to get the results in life thanks